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Ringgit races pass RM3 mark against Sing dollar

Against the greenback, the ringgit sinks to a fresh 17-year low of RM4.2538 on Monday.

PHOTO: REUTERS

Singapore

RINGGIT-wage earners watched in agony as the Malaysian currency tumbled precipitously from RM2.956 early in the day to race past the RM3 mark against the Singapore dollar for the first time ever on Monday.